# China urges regions to speed up pig breeding ahead of Lunar New Year

> China's wholesale pork price averaged 48 yuan ($6.86) per kg on Friday, citing ministry data. The price has eased slightly since the start of November but remains 157% above a year earlier. The government is urging regions to speed up pig breeding ahead of the Lunar New Year.

- Date: 2019-11-18 · published 2019-11-18T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/56062-china-urges-regions-to-speed-up-pig-breeding-ahead-of-lunar-new-year
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Government pressure to rebuild herds ahead of the Lunar New Year supports future feed demand, though the slight price easing suggests some near-term supply response.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-11-14 | [China's top pig farming firm to follow new lower protein feed standards
						 \| The Pig Site](https://feedsoft.ai/events/62041-china-s-top-pig-farming-firm-to-follow-new-lower-protein-feed-standards-the-pig.md) | +0.3% | -5.4% |
| HOGS | 2019-10-17 | [China's pork production to rebound before year-end - People's Daily Online](https://feedsoft.ai/events/56568-china-s-pork-production-to-rebound-before-year-end-people-s-daily-online.md) | -1.9% | -7.0% |
| HOGS | 2026-08-31 | [Cattle, Hog Prices Are Still Trapped and Heading Lower. What to Watch Next.](https://feedsoft.ai/events/18028-cattle-hog-prices-are-still-trapped-and-heading-lower-what-to-watch-next.md) | -0.1% | -7.2% |
| HOGS | 2020-04-20 | [Sizing up the new farm rescue package - POLITICO](https://feedsoft.ai/events/53626-sizing-up-the-new-farm-rescue-package-politico.md) | +24.0% | +48.0% |
| HOGS | 2025-01-20 | [China holds lending rates steady as it contends with a weakening yuan](https://feedsoft.ai/events/9596-china-holds-lending-rates-steady-as-it-contends-with-a-weakening-yuan.md) | +0.9% | +9.4% |
| CORN | 2018-05-11 | [China looking to rely less on US for soybeans](https://feedsoft.ai/events/64916-china-looking-to-rely-less-on-us-for-soybeans.md) | -0.1% | -2.8% |
| CORN | 2020-07-02 | [China Gearing-up To Meet Increase In Demand For Feed - Trade News - News - Zhejiang Yaofi Bio-Tech Co.,Ltd](https://feedsoft.ai/events/52131-china-gearing-up-to-meet-increase-in-demand-for-feed-trade-news-news-zhejiang.md) | +0.9% | -6.0% |
| CORN | 2025-04-29 | [Agricultural potential of the Black Sea region: New opportunities and challenges of the 2025/26](https://feedsoft.ai/events/14213-agricultural-potential-of-the-black-sea-region-new-opportunities-and-challenges.md) | -3.7% | -1.3% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-pork/china-urges-regions-to-speed-up-pig-breeding-ahead-of-lunar-new-year-idUSKBN1XS03K/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.